Pittsburg Financial Planners

Pittsburg financial planners offer a service that every single working person in California can use. Use our form to help connect with someone who will make a big difference in your life. Many people in Pittsburg often ask themselves after they have found someone to work with, why didn't I do this years ago? Organizing your financial life now will pay off enormously when you reach retirement.

A Pittsburg financial planner can help you design a strategy for saving. Many people in Pittsburg have a bank account at a local financial institution. You are likely not earning much more than one or two percent in your savings account, so have a conversation with one of the areas many financial planners and discuss how they can get your money working harder for you. Pittsburg financial planners can set you up with an investment portfolio contingent upon your age and how comfortable you are with risk.

Saving for retirement is your responsibility, so don't put it off to the last minute. Unfortunately many people in CA end up living off their social security checks when they stop working. According to the Social Security Administration (SSA), retired workers averaged just $1,182.40 in August of 2011. [1] Do you want to live off of $295 a week when you retire? This would put you just over $3000 above the 2011 HHS poverty guideline for a single individual which is $10,890 annually. [2]

Pittsburg financial planners will turn saving into a habit for you. Giving some consideration to your purchases will help you make wise choices. The large purchases are usually not the ones people in CA have trouble with, the smaller ones are. Stopping for a coffee or energy drink on your way to work every day and visiting the vending machine at work start to add up after a while. Think about recording the frequency and amount of your expenditures that are less than $20 for three weeks and your eyes may start to open to the amount of money you spend on small items.

If you work for the city of Pittsburg or the local school district, ask a Pittsburg financial planner about 403(b) plans. These retirement plans are akin to 401(k) plans and offer some of the same features. Planners can give you advice on how to set up your 403(b) and what investments you should make within them. Seeking help from planners in Pittsburg is always a great idea, especially when it comes to retirement.

Certain school districts have the ability to offer a match on your 403(b) contributions, so find out if yours does. Some state institutions can discontinue social security contributions in place of 403(b) matches, so know how your plan operates. Talk to a Pittsburg financial planner to determine the full extent of this particular circumstance. You may be able to mitigate the effects of this by working during the summer months and still qualify for social security benefits.

Although they are a very rare sight in the private sector nowadays, pension payments may be part of your retirement plan in CA. Pittsburg retirement planners can help you figure out how much you will need to save to supplement your pension benefits. This can greatly reduce the amount you need to save and can make life much easier. Planners may instruct you to save as if the pension doesn't exist to help properly prepare you if you company falls on hard times. Many people in California have seen their pension plans terminated or payments slashed, so planning for every contingency is wise.

Fixing Financial Problems

Financial planners in California can help you cut down on the amount of debt you have. Massive credit card balances can cripple your credit score and leave you in a tough spot. If you've fallen on hard times, let a Pittsburg financial planner sort out your money problems and chart a course toward retirement. Bankruptcy has a lot of negative stigma associated with it but you can get a lot of unsecured debt completely discharged.

A Pittsburg financial planner can help you avoid a bankruptcy if you listen to their advice and successfully implement the strategies they give you. Bankruptcy is not a death sentence; it is sometimes necessary to settle a hard time in your life. Once freed from crushing debt, you can focus on saving money and preparing for your financial future.

Pittsburg financial planners are a great resource to draw upon in good times and bad. Everyone makes mistakes but a professional in Pittsburg is waiting to help you accomplish every goal you have. Using their expertise and experience, you can make it to a very comfortable retirement. You have the ability to make the later years of your life easy and enjoyable, so start saving as soon as you can.